Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    573 Arthur Ave Louisville, CO 80027-3013

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    573 Arthur Ave Louisville, CO 80027-3013

    View on Map
    • Manufacturing properties
    • 7,744 SF
    • 0.85 lot acres
    Off-Market
    Last Sale May 22, 2023
    $1,600,000
    Property ID
    US13-0886555
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $1,510,000
    Show details
    Cap Rate Potential
    3.6%
    Manufacturing properties
    Location Intelligence

    Current Use by Public Records

    • Manufacturing properties

    Property Details for 573 Arthur Ave

    Year built
    1992
    Construction
    CONCRETE BLOCKS
    Lot size
    0.85 lot acres
    Property size
    7,744 SF
    Zone code
    3115
    Property type
    Manufacturing properties
    APN
    1575-16-0-02-005
    APU
    157516002005

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,445,000
      ML approach
      $1,390,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,063,000
      Market price range: $174k - $1.37M

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $1,610,000
      Current use
      OFFICE BUILDING
      $2,150,000
      Change: +34% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $1,930,000
      Change: +20% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Louisville
    County
    Boulder
    State
    Colorado
    Longitude
    -105.124
    Latitude
    39.9619
    CBSA code
    14500
    CBSA name
    BOULDER, CO METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $54,924
    $262,734
    $354,916
    $617,650
    -
    $941,700
    $1,272,100
    $2,213,800

    Comparable in this City

    • Value Estimation
      $2,560,000
      28,998 SF

      474 Taylor Ave

      MANUFACTURING (LIGHT) • 28,998 SF
      474 Taylor Ave, Louisville, CO 80027-9748
      View Details
    • Value Estimation by Request
      9,762 SF

      2051 Dogwood St

      Flex space • 9,762 SF
      2051 Dogwood St, Louisville, CO 80027
      View Details
    • Value Estimation by Request
      3.45 Acres

      1739 Tyler Ave

      MANUFACTURING (LIGHT) • 3.45 Acres
      1739 Tyler Ave, Louisville, CO 80027-1119
      View Details
    • Value Estimation
      $18,045,000
      65,196 SF

      1886 Pr Way

      MANUFACTURING (LIGHT) • 65,196 SF
      1886 Pr Way, Louisville, CO 80027-9600
      View Details
    • Value Estimation
      $655,000
      4,500 SF

      1721 Boxelder St

      MANUFACTURING (LIGHT) • 4,500 SF
      1721 Boxelder St, Louisville, CO 80027-3062
      View Details
    • Value Estimation
      $2,675,000
      28,964 SF

      168 Ctc Blvd

      MANUFACTURING (LIGHT) • 28,964 SF
      168 Ctc Blvd, Louisville, CO 80027-3093
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      17,800 SF

      Louisville Industrial Investment Opportunity

      Single-tenant industrial building in high-demand Colorado Technology Center.
      340 S Taylor Ave, Louisville, CO 80027
      View Details
    • Contact for pricing
      37,231 SF

      Class A Office/Flex Opportunity

      Modern office/flex space in desirable Boulder County submarket.
      199 S Taylor Ave, Louisville, CO 80027
      View Details
    • Contact for pricing
      6,580 SF

      Louisville Childcare and Educational Facility

      Purpose-built childcare facility in Louisville available for sale or lease.
      461 Tyler Ave, Louisville, CO 80027
      View Details
    • $750,000

      Commercially Zoned Downtown Louisville Property

      Commercially zoned property in downtown Louisville suitable for development.
      616 Front St, Louisville, CO 80027
      View Details
    • Contact for pricing

      Established Liquor Store Business

      Liquor store business for sale in Village Square.
      645 South Boulder Rd, Louisville, CO 80027
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      CO, Louisville - 285 Century Pl

      Discover many ways to work your way in CO, Louisville - 285 Century Pl
      285 Century Pl, Louisville, CO 80027
      View Details
    • $15 SF/Yr
      54,450 SF

      Industrial Flex Space in Louisville

      Versatile industrial warehouse with office space in Colorado Tech Center.
      405 S Pierce Ave, Louisville, CO 80027
      View Details
    • Contact for pricing
      48,216 SF

      Louisville Flex Space Available

      Flex space in Colorado Technology Center available for lease.
      1480 Arthur Ave, Louisville, CO 80027
      View Details
    • Contact for pricing
      64,672 SF

      Industrial Space in Colorado Tech Center

      Industrial space for lease in Louisville's Colorado Technology Center.
      346 South Arthur Ave, Louisville, CO 80027
      View Details
    • $15 SF/Yr

      Industrial Flex Space in Louisville

      Versatile industrial warehouse with office in Colorado Tech Center.
      405 S Pierce Ave, Louisville, CO 80027
      View Details
    • Contact for pricing
      2,559,491 SF

      Industrial Property in Louisville, CO

      Industrial property in Louisville, Colorado, available for lease.
      3001 N 96Th St, Louisville, CO 80027
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    573 Arthur Ave
    Louisville, CO 80027-3013
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!